You sold everything!

[SingAPorn]

What's the point in buying a house in  Thailand on leasehold as you never own the land ?

 

If it's to put in the name of a Thai, it's just leaving the door open to potentially get cheated on your savings.

 

A condo can seem attractive but again, with all the real estate crooks in Thailand and mainly the bad worksmanship that does not appear when new,  it can end up in a nightmare.

 

Renting can seem attractive, but the prices are soaring, mainly in many beach towns. And if it's to rent in some polluted, noisy area of Bangkok, no thanks.

[Reginald Prewster]

Well, I sold 2002 evertything and even closed my tax books in my old home country... 

 

After arrival in LoS I changed the "lions part" into solid gold..

 

2003 I started in my job and climbed the ranks pretty fast, bought our farm (farang safe) 

....and more gold

 

nuff said...

[scorecard]

11 hours ago, georgegeorgia said:

Go on admit it !

Who now has  NO residence ,no house back in farangland where they came from 

 

Some of you sold up to come to Thailand, Philippines or wherever your based in Asia didn't you !

 

So whether you retired from Australia,UK ,USA or bloody Belgium you have nothing to go back to if <deleted>e hits the fan !

 

You sold it ,so if you get very sick ,if something happens like visa issues or legal matters or whatever you have nothing to go back to , your in the <deleted>e !

 

So unless your say over 75 you took a  big risk in selling your house in farangland

 

How many of you regret it ,admit it ,yes some if you wished you kept your house 

A bit too quick to label people, everybody has their own circumstances and has rights to make their own decisions based on individual circumstances, attitudes etc. 

[david555]

7 hours ago, OneMoreFarang said:

When I moved to Thailand, I was smart. I stored lots of things, and I paid for the storage for years.

And then a friend sold a few things and gave away others and trashed the rest.

I paid lots of money for that storage, in hindsight all wasted money.

 

I would recommend to anyone, get rid of your things before you move. Or maybe pay for storage for a couple of months, just in case you change your mind. Don't pay for years for storage of things which you can't sell for good money.

"When I moved to Thailand, I was smart. I stored lots of things, and I paid for the storage for years."

 

the moment you real got smart ,realizing this  =

 

" I paid lots of money for that storage, in hindsight all wasted money. "

 

 

BTW  in first i thought same as you , only not did it , acted....Sold & give out .....Leaving Home Country ....And same 14 years later leaving Thailand ,Sold value things & give out , giving out for free to poor Thais if Farang thought they could pressure price down .....(because they knew container prices  became incredible high because covid ....)

Edited September 22, 2023 by david555

[Hummin]

4 minutes ago, SingAPorn said:

 

 

A condo can seem attractive but again, with all the real estate crooks in Thailand and mainly the bad worksmanship that does not appear when new,  it can end up in a nightmare.

 

Renting can seem attractive, but the prices are soaring, mainly in many beach towns. And if it's to rent in some polluted, noisy area of Bangkok, no thanks.

Buying an apartment can be a success if you find the right location and run by a good management which already is 5 - 10 years old. 

 

It takes a bit work, but it can be done. 

 

Renting is just throwing money out of the window if you have long term perspective. But it is the safest to rent of course for other reasons. Neighbour's is one strong reasons to rent only if you going to live there yourself. 

[Sticky Rice Balls]

26 minutes ago, Nick Carter icp said:

What is HOA ?

In the UK it takes days to get a Court order telling them to leave and they have 48 hours to leave , after that they can get jailed for non compliance 

HOA home owners association....Im from the states so your claim is based on location/country

as i went thru the process for a buddy to keep his condo as he lived out of state

[DogNo1]

For single elderly farang who lose the ability to care for themselves moving into a retirement enter in the home country is a good option but very expensive.  It’s good to save your money to pay for the horrendous full-time care expenses near the end of life.  I had farang friends in Japan and here who died suddenly.  I think that a quick death is preferable to years of being an invalid.   

[newnative]

42 minutes ago, Hummin said:

AS a plan b, I can buy an apartment in Bangkok as an safety asset, but I'm unsure how it would be to sell and bring cash out the day I might need it.

 

I do not trust Thailand, to invest to much here, and I'm unsure of my future here after 70.

      If you are unsure of your future here, renting is always an option.  

[kingstonkid]

11 hours ago, Gecko123 said:

True enough, no argument here. The ultimate test of financial health for the expat is the ability to repatriate, and inflation, especially with housing costs, can really throw a monkey wrench into even the best laid plans.

 

On the other hand...the risks of property ownership are soaring. Sea level rise, sargassum and plankton blooms, hurricanes, flooding, drought, ground water depletion, forest fires, unavailability of insurance, rising property taxes, and potential degradation of neighborhoods due to homelessness and influxes of climate refugees (both internal and cross-border) seem to be making home ownership less attractive. The value of maintaining your mobility options seems to be growing.

 

With global debt levels hitting new all-time highs and the era of free money coming to an end, there is also a growing risk that real estate valuations will correct in the future as well.

 

So it's not as cut and dried as it might appear at first glance.

LOL are you talking about here or the rest of the world  ? Noticing that there is basically the same thing happening in Caada only add fires

[LukKrueng]

11 hours ago, georgegeorgia said:

Go on admit it !

Who now has  NO residence ,no house back in farangland where they came from 

 

Some of you sold up to come to Thailand, Philippines or wherever your based in Asia didn't you !

 

So whether you retired from Australia,UK ,USA or bloody Belgium you have nothing to go back to if <deleted>e hits the fan !

 

You sold it ,so if you get very sick ,if something happens like visa issues or legal matters or whatever you have nothing to go back to , your in the <deleted>e !

 

So unless your say over 75 you took a  big risk in selling your house in farangland

 

How many of you regret it ,admit it ,yes some if you wished you kept your house 

And your point is?

[transam]

11 hours ago, georgegeorgia said:

Go on admit it !

Who now has  NO residence ,no house back in farangland where they came from 

 

Some of you sold up to come to Thailand, Philippines or wherever your based in Asia didn't you !

 

So whether you retired from Australia,UK ,USA or bloody Belgium you have nothing to go back to if <deleted>e hits the fan !

 

You sold it ,so if you get very sick ,if something happens like visa issues or legal matters or whatever you have nothing to go back to , your in the <deleted>e !

 

So unless your say over 75 you took a  big risk in selling your house in farangland

 

How many of you regret it ,admit it ,yes some if you wished you kept your house 

Reads like she sold your place from underneath you, and you can't go home.........................????

[bignok]

55 minutes ago, Reginald Prewster said:

arrival in LoS I changed the "lions part" into solid gold..

Where do you store gold?

[Hummin]

34 minutes ago, newnative said:

      If you are unsure of your future here, renting is always an option.  

Still 15 years total 22 years at that time. Wife own land houses, and a landlord in the village, so everything will be downpaid after 10 years. After that every year will be a bonus year. 

 

Low maintenance fee also play a role of course.

[quake]

23 minutes ago, bignok said:

Where do you store gold?

[newbee2022]

12 hours ago, georgegeorgia said:

Go on admit it !

Who now has  NO residence ,no house back in farangland where they came from 

 

Some of you sold up to come to Thailand, Philippines or wherever your based in Asia didn't you !

 

So whether you retired from Australia,UK ,USA or bloody Belgium you have nothing to go back to if <deleted>e hits the fan !

 

You sold it ,so if you get very sick ,if something happens like visa issues or legal matters or whatever you have nothing to go back to , your in the <deleted>e !

 

So unless your say over 75 you took a  big risk in selling your house in farangland

 

How many of you regret it ,admit it ,yes some if you wished you kept your house 

You forgot to mention, that I can sell my property here and go wherever I want. Definitely not to UK, EU or US.

[newbee2022]

1 hour ago, DogNo1 said:

For single elderly farang who lose the ability to care for themselves moving into a retirement enter in the home country is a good option but very expensive.  It’s good to save your money to pay for the horrendous full-time care expenses near the end of life.  I had farang friends in Japan and here who died suddenly.  I think that a quick death is preferable to years of being an invalid.   

A quick death you can plan by yourself. There are certain medicines available.

[xylophone]

1 minute ago, newbee2022 said:

A quick death you can plan by yourself. There are certain medicines available.

No medicines required, only Helium and a small plastic bucket!

[Negita43]

7 hours ago, quake said:

I don't think so. Landlords in the west are getting very picky due to numerous nanny state rules.

The key here is "Nanny State"  Not only for landlords - everywhere -Twice in the last 6 months (whilst in UK) tried to pay from my bank account using my debit card (several thousand £) the bank accepted the OTP then blocked the payment (but didn't bother to tell me) because they were "looking after my interests" - and then I had to answer several intrusive questions such as (are you doing this for someone who called you). You can't even spend your own money any more!

Also arguements about going back for medical care just don't stack up -  knee replacement NHS at least 18 months wait - private double the cost in Thailand.

Sometimes you have to bite the bullet and then deal with what occurs after that.

[Nick Carter icp]

1 minute ago, Negita43 said:

The key here is "Nanny State"  Not only for landlords - everywhere -Twice in the last 6 months (whilst in UK) tried to pay from my bank account using my debit card (several thousand £) the bank accepted the OTP then blocked the payment (but didn't bother to tell me) because they were "looking after my interests" - and then I had to answer several intrusive questions such as (are you doing this for someone who called you). You can't even spend your own money any more!

 

That is to stop  fraud , they were making sure that it was you willing spending your own money lawfully .

   It was for your own protection 

[newbee2022]

9 minutes ago, xylophone said:

No medicines required, only Helium and a small plastic bucket!

Well, I'll prefer to cross the Jordan while sleeping, without those actions you described.

Btw, I think it's for many old important to know how to end their life in Peace without Pain.

[xylophone]

1 minute ago, newbee2022 said:

Well, I'll prefer to cross the Jordan while sleeping, without those actions you described.

Btw, I think it's for many old important to know how to end their life in Peace without Pain.

That is exactly how this works.........you simply fall asleep!

[bignok]

13 minutes ago, Negita43 said:

The key here is "Nanny State"  Not only for landlords - everywhere -Twice in the last 6 months (whilst in UK) tried to pay from my bank account using my debit card (several thousand £) the bank accepted the OTP then blocked the payment (but didn't bother to tell me) because they were "looking after my interests" - and then I had to answer several intrusive questions such as (are you doing this for someone who called you). You can't even spend your own money any more!

Also arguements about going back for medical care just don't stack up -  knee replacement NHS at least 18 months wait - private double the cost in Thailand.

Sometimes you have to bite the bullet and then deal with what occurs after that.

If a scammer stole your money you would be whinging the bank didnt try to stop it! Wake up. Its good the banks have protections. 

[EVENKEEL]

Bout the only way for a regular retiree on SS to start over again in the US is to locate to the poorest of the poor states.

[RichardColeman]

I would honestly say that anyone selling their UK home or country of origin home is absolutely off their rocker. There are far too many variables in life NOT to keep your home.

 

This said, I do not intend to stay in Thailand, it has never been my plan to stay here. Once my UK pension comes in then I will probably return back to the UK and visit here on part time basis. I can afford to take the Mrs and kid back in 8 years - my house will fund that (plus 3 pensions) - old 2-bed semi council house in the richest part of the UK is worth 4 bed detached up north in a nice village and still putting £100k in the bank to satisfy UK immigration.

 

Old age for me is sitting in a nice conservatory in the UK, watching the snow or rain come down, a beer in hand and some old 70's re-runs on the tv - not sitting in a concrete poured building in 37 degrees.

 

Life is/was about planning - you plan bad, well that was your choice. I have no sympathy for you - or the idiots i sit round the pool with.

 

That said I sold everything to clear my house for my tenant, so , yes , I kinda sold everything, but not the one most important one

 

 

 

 

 

 

[bignok]

2 minutes ago, RichardColeman said:

Life is/was about planning - you plan bad, well that was your choice. I have no sympathy for you - or the idiots i sit round the pool with.

Who plans divorce? Who plans disease? Who plans job loss? Who plans bad luck?

 

Very arrogant to bag other people. A lot of life is luck.

[scubascuba3]

32 minutes ago, newbee2022 said:

A quick death you can plan by yourself. There are certain medicines available.

i think everyone should seriously consider that, life goes downhill fast once you're diagnosed with something awful

[Nick Carter icp]

7 minutes ago, RichardColeman said:

I would honestly say that anyone selling their UK home or country of origin home is absolutely off their rocker. There are far too many variables in life NOT to keep your home.

 

This said, I do not intend to stay in Thailand, it has never been my plan to stay here. Once my UK pension comes in then I will probably return back to the UK and visit here on part time basis. I can afford to take the Mrs and kid back in 8 years - my house will fund that (plus 3 pensions) - old 2-bed semi council house in the richest part of the UK is worth 4 bed detached up north in a nice village and still putting £100k in the bank to satisfy UK immigration.

 

Old age for me is sitting in a nice conservatory in the UK, watching the snow or rain come down, a beer in hand and some old 70's re-runs on the tv - not sitting in a concrete poured building in 37 degrees.

 

Life is/was about planning - you plan bad, well that was your choice. I have no sympathy for you - or the idiots i sit round the pool with.

 

That said I sold everything to clear my house for my tenant, so , yes , I kinda sold everything, but not the one most important one

 

 

 

 

 

 

Great you have done that , but your post does seem to come across of you gloating and showing off and boasting 

[NoDisplayName]

13 hours ago, georgegeorgia said:

Go on admit it !

Who now has  NO residence ,no house back in farangland where they came from 

 

Some of you sold up to come to Thailand, Philippines or wherever your based in Asia didn't you !

 

So whether you retired from Australia,UK ,USA or bloody Belgium you have nothing to go back to if <deleted>e hits the fan !

 

You sold it ,so if you get very sick ,if something happens like visa issues or legal matters or whatever you have nothing to go back to , your in the <deleted>e !

 

So unless your say over 75 you took a  big risk in selling your house in farangland

 

How many of you regret it ,admit it ,yes some if you wished you kept your house 

Of course I sold everything.

Why keep stuff in the USA if I don't plan to return?

There's nothing Asia can't provide that the USA has in abundance, except for pods of blue-haired land whales.

[Jingthing]

35 minutes ago, Nick Carter icp said:

Great you have done that , but your post does seem to come across of you gloating and showing off and boasting 

Yep. 

 

[Jingthing]

54 minutes ago, EVENKEEL said:

Bout the only way for a regular retiree on SS to start over again in the US is to locate to the poorest of the poor states.

Even that is really pushing it on the smaller checks.